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24 June 2012, 12:56 AM | #31 |
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The Asian markets will be more important to Rolex, and all luxury Swiss watch makers, over at least the next 5 years....It would be almost silly if they did not throttle down US imports and use that supply in BRIC countries with faster growing economies and new high-end consumers.
The U.S. is "losing" middle and upper middle class people as quick as other countries are adding them. By "losing", I mean sliding into poverty from what was once a good life...anyone that doesn't believe this is kidding themselves... |
24 June 2012, 12:59 AM | #32 | |
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24 June 2012, 01:04 AM | #33 |
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24 June 2012, 01:11 AM | #34 |
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24 June 2012, 01:12 AM | #35 |
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Seems like the Asian market has the biggest potential for % growth but I agree with Larry that the US offers the largest market for total sales.
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24 June 2012, 01:37 AM | #36 | |
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The USA is still Rolex largest customer by far.. although I will agree that Asia is a fast emerging market and the USA won't hold up too long if the economy continues to stagnate.
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24 June 2012, 03:03 AM | #37 | |
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I would like to see a Rolex break down. With Rolex's secretive practices I doubt we ever will. I think the US is still a major factor regarding Rolex.
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24 June 2012, 03:35 AM | #38 | |
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A lot of luxury manufacturers are distributing a larger portion of their product to the east and less to the USA. This is fact. However, we can agree to disagree ;) |
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24 June 2012, 04:11 AM | #39 |
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Hong Kong probably has the most Rolex AD density especially in Causeway Bay where you see two to three dealers within one block of 100m. Only the most "bling" Rolex sell well to the Chinese mainlanders as they favor AP, PP, VC in that category. Omega sells the most in China since they have been and pushed that market longer.
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